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Business Ideas Forum
When to consider involving partners in your sole proprietorship business.
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[QUOTE="TOZZIBLINKZ, post: 231345, member: 37528"] [I]It is already known by each and everyone of us that a sole proprietorship business is considered to be a business Enterprise that is owned , runned , controlled , manage , and facilitated by only one individual who is known as the business sole proprietor , and only he is entitled to access the business books of accounts , and just as he enjoys any profits that comes from the business he also is entitled to bear the business losses all by himself . Majority of individuals today tends to establish their own business idea all by themselves in the sense that they run and control everything that happens within and around it . Some of these individuals as time goes on , their business ideas turns out to be as expected and planned , in the sense that they make expected business profits and income . The business tends to accumulate large amount of customers in one day , and the sole proprietor may not be able to access or attend to all this customers faster and easily , and even though he attempt to attend to all the customers , he will be easily stressed , worn out , tired , and depressed . So in a situation like this , it is advisable to start employing someone who could serve as a business partner to you , so as to help you in some business errands , activities , and chores . it is advisable to employ partners as your business productivity increases . [/I] [/QUOTE]
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When to consider involving partners in your sole proprietorship business.
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